You're Fired, Er, No You're Not

Sequoia Capital, the backer of Apple, Yahoo, and Google, ordered its startups to slash their payrolls this fall. We hear one CEO fired people so enthusiastically he had to retract some of his pink slips.

Sequoia Capital, the backer of Apple, Yahoo, and Google, ordered its startups to slash their payrolls this fall. We hear one CEO fired people so enthusiastically he had to retract some of his pink slips.

AdBrite, the online-ad network best known for its quirky founder, FuckedCompany creator Philip "Pud" Kaplan, is hiring an in-house lawyer. This is odd only in that last we heard, the online ad network already had one. Current general counsel Rebecca Eisenberg is just one of several vice presidents leaving the…
Philip Kaplan once ran the website InternalMemos.com, a compendium of leaked company missives. Now Valleywag has obtained one from AdBrite, the online-ad network Kaplan founded. AdBrite is now run by CEO Iggy Fanlo, who earns our Silicon Valley Tool award for railing at his employees about their work hours: "I…